Dr. Richard Vedder
Dr. Richard Vedder, Distinguished Professor Emeritus of Economics at Ohio University, was quoted in a Toledo Blade story headlined “Can the Olympic model fix the NCAA?”
Change, even by NCAA president Mark Emmert’s admission, likely is coming to college sports.
The question that academics, advocates for college athletes, and the players themselves are asking is how far the model can shift in regards to compensating players….
Though the NCAA has relaxed restrictions on food and allowed cost of attendance stipends in recent years, its model of refusing players to seek compensation continues to be an outlier in the U.S.
“That’s a unique model that would be illegal in many parts of the economy,” said Richard Vedder, a professor of economics emeritus at Ohio University. “It’s a little unusual, to put it mildly.”
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